Parts Express International, Inc.401(k)
PARTS EXPRESS INTERNATIONAL, INC. 401(K) PLAN · SPRINGBORO, OH · plan year 2023
Parts Express International, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,756,312 across 169 participant accounts, with employer contributions averaging $1,399 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 2 years on file its reported administrative ratio rose from 0.56% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,449th of 3,295), and 3,554th of 5,215 in retail trade. In 2023, employees put in $3.33 for every $1.00 the employer contributed; active participation has shrunk from 107 to 94 since 2022.
Parts Express International, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 311190378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.